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Maui Preparatory Academy welcomes $250,000 donation

June 7, 2012
Lahaina News

NAPILI - Maui Preparatory Academy Headmaster George Baker made an announcement as a prelude to the school's May Day celebration to acknowledge a $250,000 donation by Maui residents Scott and Elaine Shoemaker.

Scott, the former Maui Prep Board of Trustees president, spoke about his personal dedication and commitment to Maui Prep, and the importance of the 'ohana to support the school in any way possible, be it volunteering or donating.

"It gives me great pleasure to see how far our school has come. It has far exceeded our original vision," Scott said, in front of the entire school community of parents, faculty, staff and all students.

Article Photos

From left, Rocky Chenille, George Baker and Elaine and Scott Shoemaker show off the $250,000 donation to Maui Preparatory Academy.

The couple volunteers at numerous school events and has made many donations over the years, including fencing, signage, trees and a new sports field that bears their name.

This donation from the Shoemakers was the final piece in the refinancing of Maui Preparatory Academy's start-up debt - a critical piece of the plan for financial sustainability, according to the school.

"This school is going to be around well into the future," Scott said, which prompted extended cheering and applause.

A majority of the debt is now a 30-year, low-interest loan guaranteed by the USDA through Central Pacific Bank.

Rocky Chenille, representing the Hilo Office of the USDA, was present and honored at the event.

Now in its seventh year, Maui Prep - the only college preparatory preschool to 12th grade school on the island - is located in Napili.

More than 40 percent of the student body receives financial aid. To make a donation or inquire about admissions, contact Cathi Minami at 665-9966 or cminami@mauiprep.org.

 
 

 

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